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Chimera Investment Corporation Message Board

  • get_imaginary get_imaginary Nov 3, 2010 11:01 AM Flag

    Thoughts on the offering

    1. It's coming right as banks are being investigated for mortgage fraud. Is CIM buying from these banks at a discount and if so what are the implications of that?

    2. In the 10-Q they said future growth would come from resecuritizations, not from new stock offerings. Yet a couple days later, boom a new stock offering. I actually prefer to see grwoth from via a stock offering, but am troubled by the flip flop. Anyone else have thoughts on this?

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